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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Brian Stelter Says CNN+ Was ‘Doomed’ Due to ‘Clashing Streaming Strategies’

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thewrap.com

“Reliable Sources” host said Sunday was doomed from the start because of the timing of its launch the plans of its new owner, Warner Bros.

Discovery.Less than a month after the launch of CNN+ — a subscription video streaming news service offshoot of CNN — Warner Bros.

Discovery abruptly shut it down, a “u-turn” that “was front-page news, stunning news, and painful news for everyone involved,” Stelter said, adding, “Years of development possibly down the drain.

Some of the shows may never be seen. Hundreds of staffers may be laid off, though the company is trying to place many of them in new jobs.” But, he said, the streaming service was “doomed” from the start.“Amid these bruising headlines, folks are trying to make sense of it.

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